Multiple Choice
In the short run,when output is less than planned aggregate expenditure,
A) potential output is greater than GDP.
B) potential output is less than GDP.
C) potential output equals GDP.
D) planned private-sector investment is greater than actual private-sector investment.
E) planned private-sector investment is less than actual private-sector investment.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: Discretionary (deliberate)changes in fiscal policy attempt to
Q39: If planned aggregate expenditure (PAE)in an economy
Q40: As disposable income decreases,consumption<br>A) increases.<br>B) decreases.<br>C) remains
Q41: Menu costs are the costs of<br>A) running
Q42: In Macroland,planned aggregate expenditure equals 100,000 +
Q44: For an economy starting at potential output,an
Q45: Ron's Desk Company expects to sell $10,000,000
Q46: Ron's Desk Company expects to sell $10,000,000
Q47: In the basic Keynesian model,a $5 billion
Q48: Data on disposable income and consumption spending